Change! Stately old American Vogue is apparently seeking to revamp itself. Says Wayne Sterling, the mag wants "a new circle of models, an influx of fresh, young photographers and a desire for 'unpredictability' in the stories." Unpredictability. In Vogue. [TI]

Marc Jacobs has added two pro-marriage equality t-shirts to his Marc by Marc line. One shows a line drawing of a lesbian couple with a child, and the other shows an American flag and a dollar sign; both have the tag line "I pay my taxes, I want my rights." The tees cost $24 and are available now. Jacobs is of course looking forward to his own gay marriage, in Massachusetts, later this summer. [PerezHilton]

The Kaiser's Chanel accessories ads featuring Lily Allen, who recently launched her own jewelry line, are also out. She wears a tiara in one; in another, she looks like she's hiding behind a carry-all. [FWD]

More details are emerging about the only bid for the house of Lacroix that the bankrupt company's administrator has yet deemed "serious": Italian department store company Borletti had bid jointly with Christian Lacroix himself. Borletti bought the Printemps department store chain from Pinault-Printemps-Redoute in 2006, and owns the Italian department store La Rinescente jointly with Deutsche Bank. French turnaround firm Bernard Krief Consulting made a bid that the administrator described as "insufficient" for the fashion house, and which it has promised to revise upwards. No dollar values for these bids has been revealed. [Reuters]

Maybe one way Christian Lacroix could make a little cash would be licensing his name to an unaffiliated uniforms division, since that's exactly what Nicolas Ghesquière of Balenciaga did. Air Tahiti Nui sent out a very happy press release yesterday announcing the introduction of its brand-spanking-new Balenciaga uniforms — but further investigation has revealed that the gear was made under license by a uniform company using the Balenciaga name. Our visions of flying with space-age Ghesquière creations were crushed. [The Moment]

The rumors were true: Coach is launching — and fully funding — a signature line for its creative director, Reed Krakoff. The designer's eponymous accessories collection will launch for Fall '10. [WWD]

This is despite the fact that Coach suffered a 32% decline in quarterly profits for the period ended June 27. Net income fell from $213.5 million last year to $145.8 million. [WWD]

Rachel Roy and Estelle are working together on a jewelry line. Roy announced this via Twitter. [WWD]

Zappos earned $10.7 million from total sales of $635 million worth of sales last year, according to new owner Amazon's SEC filing. [TBI]

New York City charity HousingWorks, which sells used clothing and furniture and donates its profits to fund AIDS and homelessness, has been doing great business in the recession — understandable, considering so many of their offerings are designer. Susan Sarandon, Bill Clinton, Sarah Jessica Parker, and Chloé Sevigny, as well as, one presumes, a whole slew of regular well-dressed folk, all recently donated clothes and goods. [NYObs]

Bravo, still reeling from the loss of Project Runway, is launching another fashion-themed reality show: Launch My Line. The concept pairs new designers with established industry lights in order to develop the youngsters' businesses — the best mentee gets his or her line launched, and the best mentor gets $50,000. It all unfolds under the watchful eye of hosts Dean and Dan Caten, of DSquared2, and judges Stefani Greenfield, formerly of retail chain Scoop, and Lisa Kline. [FabSugar]

Profits at the multinational luxury company LVMH, which owns everything from Louis Vuitton to Dior to Sephora, dropped 23% in the first six months of this year, to 687 million euros, or $934.3 million, from 891 million euros, or $1.39 billion, a year earlier. Sales during the same period rose 0.2% on a year earlier. The top performing brands was Sephora, and Louis Vuitton handbag sales remained strong. [WWD]

Maybe, just maybe, one reason profits are down is the fact that Louis Vuitton is trying to sell a $450 USB key? Hermès, in any case, is jumping on the lux-tech bandwagon with a bluetooth device "made of super lightweight carbon fiber, aluminum and supple leather ... [with a] custom-built silicon earring." [Racked]

Men's control underwear is still being talked about as if it's a new idea. It isn't. [Telegraph]